皇冠备用网址(www.hg9988.vip)_Demand recovery to boost IHH prospects

时间:2周前   阅读:10

皇冠备用网址www.hg9988.vip)是一个开放皇冠网址即时比分、皇冠网址代理最新登录线路、皇冠网址会员最新登录线路、皇冠网址代理APP下载、皇冠网址会员APP下载、皇冠网址线路APP下载、皇冠网址电脑版下载、皇冠网址手机版下载的皇冠新现金网平台。

,

KUALA LUMPUR: Kenanga Research is raising its earnings forecasts on IHH Healthcare Bhd as it expects demand recovery to accelerate following the end of the pandemic in its operating markets.

According to the research house, there have been strong returns of domestic patients and an increase in foreign patients in Malaysia and Singapore in April while high bed occupancy rates are expected to continue in Turkey and Europe.

It added that it the group expects gradual improvement of non-Covid patients in India starting from 2QFY22 as there was a depression on low elective surgeries in 1QFY22 due to the omicron wave.

On inflation pressure, Kenanga noted that IHH had adjusted prices for inflation in 1QFY22 but stopped short of guiding for further upwards price adjustment.

However, it added that medical supplies inflation which represents bulk of its cost is less than price inflation and hence, it enjoys the difference which flowthrough to margins.

"Given the low 'price elasticity of demand' of private healthcare services, IHH has been able to pass on cost inflation to customers, as reflected in its rising revenue per inpatient over the past several quarters.

"In tandem with the stronger-than-expected demand weexpect revenue per inpatient to surpass our earlier expectations," said Kenanga.

The research firm forecasts higher FY22 revenue per inpatient in Singapore, Malaysia and Acibadem of 18%, 11% and 20% respectively, up from 8%, 9% and 10%.

It raised its recommendation to "outperform" from "market perform" and its target price to RM7.20 from RM6.28 previously.


转载说明:本文转载自Sunbet。

上一篇:电报群搜索机器人(www.tel8.vip)_Adex measurement framework in the pipeline

下一篇:新2会员网址(www.hg108.vip)_Malaysia sends special rep to India over insults against prophet

网友评论